Associations to the word «Acquirer»

Wiktionary

ACQUIRER, noun. One who acquires.
ACQUIRER, noun. A bank or financial institution that processes credit card or debit card payments on behalf of a merchant.

Dictionary definition

ACQUIRER, noun. A person who acquires something (usually permanently).
ACQUIRER, noun. A corporation gaining financial control over another corporation or financial institution through a payment in cash or an exchange of stock.
ACQUIRER, noun. The financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card.
ACQUIRER, noun. A credit card processing bank; merchants receive credit for credit card receipts less a processing fee.

Wise words

More wisdom is latent in things as they are than in all the words men use.
Antoine De Saint-Exupery